Analyst: GTA V announcement coming before E3

Rockstar's going to grind the internet to a halt before E3 again with a Grand Theft Auto V announcement, according to one analyst.

Mike Hickey of Janco Partners said in a note that the game will be announced before the LA mega event, but not during it as predicted by some.

"There is building suspension for a pre-E3 GTA V announcement, although we expect nothing from Rockstar at this year’s official E3 event," said Hickey.

"We think the next iteration of GTA for console can significantly outsell its predecessor, reflecting on the sales acceleration of the prior cycle GTA console iterations, an accelerating core gamer installed base, and the most talented / motivated development team in the world, in our view," he further added.

Take Two hasn't been very forthcoming with when GTA V will get announced, considering the quote of the year given by T2 president Strauss Zenick last September.

"We’re not going to announce it. We’re not going to announce when we’re going to announce it. And we’re not going to announce the strategy about announcing it or about when we’re going to announce it either, or about the announcement strategy surrounding the announcement of the strategy."

Rockstar co-president Dan Houser also went on record on the subject, admitting they'd need to think of the main characters and main setting for the game first before doing anything.

Thanks, IG.